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First Merchants (FRME) Research & Development (2016 - 2026)

First Merchants (FRME) has disclosed Research & Development for 11 consecutive years, with $7.2 million as the latest value for Q1 2026.

  • For Q1 2026, Research & Development rose 21.27% year-over-year to $7.2 million; the TTM value through Mar 2026 reached $28.7 million, up 9.81%, while the annual FY2025 figure was $27.5 million, 1.28% up from the prior year.
  • Research & Development hit $7.2 million in Q1 2026 for First Merchants, down from $7.5 million in the prior quarter.
  • Across five years, Research & Development topped out at $7.5 million in Q4 2025 and bottomed at $4.4 million in Q1 2022.
  • Average Research & Development over 5 years is $6.4 million, with a median of $6.6 million recorded in 2023.
  • Year-over-year, Research & Development skyrocketed 42.41% in 2022 and then decreased 13.94% in 2025.
  • First Merchants' Research & Development stood at $5.6 million in 2022, then rose by 4.71% to $5.9 million in 2023, then increased by 2.62% to $6.0 million in 2024, then grew by 24.55% to $7.5 million in 2025, then decreased by 4.25% to $7.2 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods came in at $7.2 million, $7.5 million, and $6.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.